Notification of PDMR interests

Vertu Motors

01/04/2025 07:00

RNS Number : 0279D

Vertu Motors PLC

01 April 2025

 

1 April 2025

 

Vertu Motors plc

 

(the "Company")

 

Notification of PDMR interests

 

The Company announces that it was notified on 31 March 2025 that Michelle O'Brien, the wife of Anthony Masterson, a person discharging managerial responsibility in the Company, has purchased 19,003 ordinary shares of 10p each in the Company ("Ordinary Shares").  The purchase took place on 31 March 2025 at a price of 49.9285 pence per Ordinary Share.

 

PDMR
Beneficial holding of Ordinary Shares prior to the dealings above*
% of issued share capital prior to the dealings above*
Ordinary Shares acquired by PDMR*
Resultant Beneficial holding of Ordinary Shares after the dealings above*
Resultant % of issued share capital after the dealings above*
Anthony Masterson
72,547
0.02%
19,003
91,550
0.03%

* includes shares held by persons closely associated with the PDMR.

The Company's issued share capital consists of 328,405,056 Ordinary Shares with voting rights.  The Company does not hold any Ordinary Shares in treasury.

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
MICHELLE O'BRIEN
2.
Reason for the notification
PURCHASE OF SHARES
b)
Position/status
SPOUSE of ANTHONY MASTERSON, GROUP OPERATIONS DIRECTOR
c)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
d)
Name
VERTU MOTORS PLC
e)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
f)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
g)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
h)
Price(s) and volume(s)
Price
Volume(s)
0.499285
19,003
i)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
j)
Date of the transaction
31 MARCH 2025
k)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

- ENDS -

 

For further information please contact:

 

Vertu Motors plc
Robert Forrester, CEO
Tel: 0191 491 2121
Karen Anderson, CFO
Phil Clark, Investor relations
Tel: 0191 491 2121
PClark@vertumotors.com
Stifel
Matthew Blawat
Nick Harland
Tel: 0207 710 7688
Camarco
Billy Clegg
Tom Huddart
Tel: 020 3757 4980

 

Notes to Editors

 

Vertu Motors is the fourth largest automotive retailer in the UK with a network of 198 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors and Vertu brand names.

 

Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 195 franchised sales outlets and 3 non-franchised sales operations from 154 locations across the UK.

 

Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".

 

Vertu Motors Group websites - https://investors.vertumotors.com /www.vertucareers.com

 

Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.vertumotorcycles.com

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